MEGBX vs. SPY
Compare and contrast key facts about MFS Growth Fund (MEGBX) and SPDR S&P 500 ETF (SPY).
MEGBX is managed by MFS. It was launched on Dec 29, 1986. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MEGBX or SPY.
Correlation
The correlation between MEGBX and SPY is 0.86, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
MEGBX vs. SPY - Performance Comparison
Key characteristics
MEGBX:
0.31
SPY:
0.54
MEGBX:
0.59
SPY:
0.90
MEGBX:
1.08
SPY:
1.13
MEGBX:
0.32
SPY:
0.57
MEGBX:
1.03
SPY:
2.24
MEGBX:
7.29%
SPY:
4.82%
MEGBX:
24.02%
SPY:
20.02%
MEGBX:
-72.59%
SPY:
-55.19%
MEGBX:
-10.50%
SPY:
-7.53%
Returns By Period
In the year-to-date period, MEGBX achieves a -4.88% return, which is significantly lower than SPY's -3.30% return. Over the past 10 years, MEGBX has outperformed SPY with an annualized return of 13.01%, while SPY has yielded a comparatively lower 12.33% annualized return.
MEGBX
-4.88%
16.83%
-5.38%
7.50%
12.32%
13.01%
SPY
-3.30%
13.81%
-4.52%
10.65%
15.81%
12.33%
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MEGBX vs. SPY - Expense Ratio Comparison
MEGBX has a 1.59% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
MEGBX vs. SPY — Risk-Adjusted Performance Rank
MEGBX
SPY
MEGBX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MFS Growth Fund (MEGBX) and SPDR S&P 500 ETF (SPY). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
MEGBX vs. SPY - Dividend Comparison
MEGBX's dividend yield for the trailing twelve months is around 21.35%, more than SPY's 1.27% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MEGBX MFS Growth Fund | 21.35% | 20.31% | 7.21% | 1.51% | 3.91% | 4.94% | 2.13% | 5.40% | 3.26% | 2.03% | 4.61% | 4.83% |
SPY SPDR S&P 500 ETF | 1.27% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
MEGBX vs. SPY - Drawdown Comparison
The maximum MEGBX drawdown since its inception was -72.59%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for MEGBX and SPY. For additional features, visit the drawdowns tool.
Volatility
MEGBX vs. SPY - Volatility Comparison
MFS Growth Fund (MEGBX) and SPDR S&P 500 ETF (SPY) have volatilities of 12.59% and 12.36%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.